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Search Results 0 to 8 of about 9 (some duplicates have been removed)
can be averted. if democrats and republicans can come to an agreement on the big fight that's been, frankly, smothering american politics for weeks now. president obama announced earlier today that he wants to see a deal done by tomorrow on the big debt ceiling fight that has consumed every bit of oxygen in d.c. for the last few months. the president saying tonight that congressional leaders are on the clock. they have 24 to 36 hours to get a deal done. as planning a vote that the u.s. government should not default on our debt and shut down, comes down to the wire, we are now inching close enough to the edge here that two of the world's major credit rating agencies have warned that our national credit rating may be downgraded as a result of this standoff. the day that the u.s. would actually hit the debt ceiling and start going into default and shutting down is august 2nd but this does mean we have until august 2nd before we lose our national credit have until august 2 before we lose our national credit rating. that could just happen right now. because of the uncertainty and becaus
that was possible. the big lesson for minnesota is the unthinkable is possible. you have a tendency to think in these sorts of situations it's just a game of chicken, there will be a resolution, the debt ceiling will be lifted, but sometimes a game of chicken ends in a car crash. the last thing that republicans walked out of in terms of trying to avert this car crash was a meeting president obama convened yesterday in washington. you may remember mr. obama told everyone to dress casually because they were going to be there for a long time, right? that's why we have the pictures where they look vaguely, slightly, iranian, because they are not wearing ties. women look the same they always do, but the men, a little ahmadinejad fashion there. even though they were tieless because they would be there all day working on, house speaker john boehner before the meeting even started on sunday, told the reporters he could not support any big deal that the president wanted, period. so in the end, their long day of sweaty, tieless negotiations only lasted an hour and 15 minutes, then they went home. ther
is the big bad government is a threat to us. the consumer protection bureau as most americans understand is the government protecting them from abuse by private financial institutions. and they are terrified that the public will see that there is value to a public institution that can prevent them from being abused by private institutions because it undercuts the whole rationale that the government is always bad, always a problem. and that's why we are fighting so hard for it. >> congressman barney frank, democrat of massachusetts, ranking democrat on the financial committee. thank you for your time tonight. >>> texas governor, and gonna run for president guy, rick perry made a very surprising decision today that is going to upset some of his most ardent supporters. i'll tell you about it with a smile when i come back. k of pos. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of
discussion for their big senate plan, which the president likes, but it is not the president and the senate who need to get together to decide this thing. it's the president and the senate and the drunk kids at the other end of the building who are setting their barbies on fire and cooking metal in the microwave until it explodes. watch it burn! watch it burn! honestly, time for a reality check here. house republicans are not trying to drive a hard bargain and get the best deal possible. house republicans do not want to raise the debt ceiling. for anything. they would please not like to raise the debt ceiling. they would like to go into default, thank you very much. house republicans have been actively making that argument for weeks now that hitting the debt ceiling, oh, that won't hurt a bit, who cares? republican congressman mo brooks of alabama told the washington post this week that on the contrary, all credit rating should be improved by not raising the debt ceiling, which is like saying you're looking forward to how that sledge hammer is going to improve your dental work. another cong
and boehner plans, the big difference is the boehner plan forces us to raise the debç ceiling again and forces us to accept a $1.8 trillion or more in cuts from the so-called super commission, and if we don't do it, we go through another crises. he also demands a vote on the budget amendment. i think you could get something more rational to incentivize another plan down the road and have something with enough pressure coming from the markets, both parties could vote for. >> you make it sound like if reasonable people had a conversation about this there might actually be a solution, so thanks for being on and talking with us today. >> glad to be here. >> that was ezra klein, columnist for "the washington post" and bloomberg and also an msnbc policy analyst. thanks so much. >> thank you. >> now, ask yourself, would you -- no, not you, nancy. would you want john boehner's job right now, trying to placate a gaggle of angry tea partiers and stave off an economic calamity at the same time? i suspect there are moments even he doesn't want this job, but he's got it, and we need john boehner to get bet
and had to do them later. this is another leader who made a big show of imposing new rules for the house, that every time they'd propose spending they'd have to propose cutting to offset, then with the very first bill he introduces, he violates his own rule. this is the house speaker who does photo ops like this one. >> when we say we're going to cut spending, this is what we're doing, heard saying to himself i can't believe i just said that. again, it's his own press conference. nobody said mr. speaker, can we read your lips on this? he brought it up, repeating the most famous republican screw up line in the last 40 years, unforced error, own goal again. here he is on fox news last night talking about the need to raise the debt ceiling. >> so what is next? what if you don't get a deal? >> i don't know. >> third in line to the presidency, speaker of the house. dunno. whether or not you agree with john boehner on policy, whether or not you think john boehner on policy is right or wrong, whether or not you want him to succeed politically or you don't want him to succeed politically, john b
Search Results 0 to 8 of about 9 (some duplicates have been removed)